$75,000 invested at 9% for 1 years
Future value
$81,750
Interest earned
$6,750
Total growth
9%
Investing $75,000 at 9% compounded annually for 1 years grows to $81,750. That's $6,750 of compound interest earned on your original $75,000.
FV = $75,000 × (1 + 9%)^1
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